Let me start with three cheers to the winning horse this season,.. yes it was a glorious and enjoyable moment when the red team won their double championships recently. Even though the rival young man was the favourite for the world championship, It was the endurance and experience of the reds that won them laurels in F1. Yes,.. this clearly shows that the big players will never dream about losing,.. In the IT sector there comes the two growth strategies that the companies are following inorder to grow bigger and bigger and bigger,….
The Starategies followed are 1. Organic Growth and 2. Inorganic Growth strategies. Like the F1 teams which are propelled by their technology innovations and their thirst to grow, the software companies too are in many ways trying to perform better than their competetors. One such way is the Inorganic growth method, which usually is a merger or an acquisition of a company.Lets stop here and converge our discussion to the IT processes that are impacted when a company acquires another company.
Usually acquisition happens when the parent company and child company are on the same business process. There are lot of factors that will undergo change on the event of an aquisition. Some of the applications used by the parent company that will have a change/addition are
1. Payroll System
2. Workforce Time and Attendance System
3. Learning Managment System
4. Benefits and Compensation System
5. Talent Management System
6. Infrastructure and Environmental System.
7. Banking and Finance System.
There will always be a new or same pay cycle, pay rule, hourly rate,…etc for the acquired employees.
The applications that supports the business process of a company usually involves few of the following products like peoplesoft, sap, kronos, sumtotal, docent, taleo, workbrain,..etc and these will undergo a new transformation that will accomodate the new principles, policies and process of the acquired company.Having known a little bit about the impact of an inorganic growth of a big company on its IT, lets look forward for any available products that would provide an automated way to interact with all the core software systems of a company and which will reduce the manual tasks involved during an acquisition.